Newsletter

Best Picture: Florida's 2012 Foreclosures

The first Academy Awards ceremony was in held in May 1929 before the Stock Market Crash in October of that year. Since then, they have rolled out the red carpet party through stock market highs and economic woes alike.

Florida is not up for Best Picture. In fact, RealtyTrac has cast the state in the leading role of foreclosures nationwide, making up about a fifth of the foreclosure activity in the US. One in every 32 Florida homes received foreclosure filings—in the form of default notices, scheduled auctions, and bank repossessions—in 2012 according to RealtyTrac.

Les Miserables is on the short list for a number of Oscar nominations, including Best Actress in a Supporting Role, but not without effort from actress Anne Hathaway—she cut her hair off and lost 25 pounds for her role as Fatine. She could have easily resolved to stay home and watch the Academy Awards on TV like most people; instead, she is going for the red carpet.

Inaction is the number one choice of many Florida homeowners facing foreclosure. Foreclosure defense, however, could salvage more than they realize.

You are not going to get an Oscar for the legal defense of your home. You are also not going to get a free house. But a foreclosure defense can help you review your choices, and pursue a path to bring you the best benefit.

Foreclosure defense is not as glamorous as a night at the Oscars, but a foreclosure defense can help you retain as much credit as possible, giving you the best picture for your financial future.